GE completes Fokida wind farm in Greece
GE has completed its first wind farm project in Greece. The Fokida wind farm is the first of a series of three wind farms GE is constructing for Nostira Renewable Energy, which has a 20% stake in the Fokida project, according to GE’s website. The Fokida wind farm is located in central Greece along the […]
Čibuk 1, Serbia’s largest wind farm, set to start production “earlier than initially planned”
Čibuk 1 has reached a number of key milestones and is on schedule to start production in early 2019, according to a press release from the United Arab Emirates’ (UAE) Masdar, the majority stakeholder in Tesla Wind, which owns Vetroelektrane Balkana, the project company behind Čibuk 1, set to become Serbia’s largest wind farm. GE […]
Kovačica wind park secured EUR 142 million from three lenders
Kovačica, a 104.5 MW wind farm under construction in Serbia, has successfully secured EUR 142 million and reached the financial close. The financing in the amount of EUR 142 million is provided by parallel loans from Erste Group Bank AG (supported by the German Export Credit Agency Euler-Hermes), Erste Bank Serbia, and the European Bank for […]
GE to supply 38 turbines for Serbia’s third largest wind farm
GE Renewable Energy will provide 38 turbines for the Serbia’s third largest wind farm Blacksmith “Kovačica”. A 15-year full-service agreement for 105 MW wind site is also part of the deal between GE Renewable Energy and Enlight Renewable Energy. Enlight Renewable Energy will be an operator of the wind farm set to be built in […]
LM Wind Power inaugurates wind turbine blades plant in Bergama, Turkey
LM Wind Power, a wind turbine blades manufacturer recently acquired by GE Renewable Energy, has started production at its new factory in Bergama in Turkey. The factory is designed to produce and distribute an annual capacity of 500 megawatts (MW) with the capability to expand to 1.5 gigawatts (GW), LM Wind Power announced on its […]
Energy transition: majority of capacity additions come from renewables
Renewables are the fastest growing energy sector today, but there are still obstacles for its further development, primarily related to infrastructure and unpredictability of renewable supplies for the power production. These are some of the conclusions of the World Energy Congress 2016 held in Istanbul, Turkey, reported by the Anadolu Agency, congress’ global communication partner for 2016. Adnan Z. Amin, […]